What can Directors do to help their organisations survive this crisis?

This is a common topic which crops up in my various discussions with businesses from all economic sectors. Their is no available handbook to answer this important question and thinking outside of the box surely seems a plausible way forward. Here are some pointers from my end which I find to be practical advice and …

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Are you ready to operate in a Post-Crisis market?

As we are learning, the number of infected persons in Malta are dwindling. As I right this Blog it has now been 3 days running with just 1 single COVID-19 infected person (excluding the Hal Far situation). So is your business ready to re-open or operate in a Post-Crisis market? The business environment that you …

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Global Consumer Sentiment – Updated for April 2020

A few weeks ago I had brought to your attention the Global Consumer Sentiment research done by McKinsey & Co in March 2020. This research study on Consumer Sentiment was now updated with further research done in April 2020, with the following results. Optimism on an eventual economic recovery As can be seen below the …

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Managing layoffs that are due to the COVID-19 crisis

Laying off employees is difficult in normal times; but amidst the Covid-19 global health crisis, the task is emotionally and cognitively overwhelming due to the great deal of uncertainty. Managers charged with dismissing a wide swath of employees are pulled on various fronts as their hearts go out to people but on the other hand …

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Navigating these troubled waters

What will it take to navigate this crisis? From my discussions with business clients it seems that business restructuring and renegotiation of bank credit is of imminent importance and need. For some organisations, near-term survival is the only agenda item. Others are peering through the fog of uncertainty, thinking about how to position themselves once …

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Consumer sentiment during COVID-19 – UK, Italy and Germany

A couple of days ago I reported on the Consumer behaviour in China post COVID-19, from a research done by McKinsey & Company. Now McKinsey & Company have published a number of other research findings with regards consumer sentiment in a number of countries, which are still in the thick of dealing with the COVID-19 …

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